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253 Franklin Drive

253 Franklin Drive, Forest City, NC 28043
Property in Rutherford
Sold Jul 30, 2021
$200,000
$202,000 by State Employees Cu
Mortgage Due Aug 01, 2051
Local assessors in Forest City, NC have categorized 253 Franklin Drive as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 20,038 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 253 Franklin Drive has a total of 1,431 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 216 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of metal. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on ventilation system for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 253 Franklin Drive was last sold in Jul 30, 2021 for $200,000. According to our calculations, that's $139.76 per sqft. Current property owners are expected to pay $1,428 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2013. The property on 253 Franklin Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $186,700. To break that down further, the land itself was valued at $18,000. While improvements to the property were assessed at a total of $168,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1968
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Ventilation system
  • Heating: Heat pump
  • Heated Square Feet: 1,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FRANK HALL SUBDIVISION NO 2
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LO1 PL6-142

Ownership

  • Current Owner : JIMERSON ASIA J
  • Previous Owner : TEAGUE CHRISTINA HUNTLEY
  • Previous Owner 2: TEAGUE THOMAS BRADY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County Schools
  • Census Tract: 960800

Zoning

  • Zoning: R8

Geography

  • District: 04
  • Parcel: 428676
  • Lot: 1
  • Municipality: COOL SPRINGS
  • Latitude: 35.324
  • Longitude: -81.8804

    Address

  • Full Address: 253 Franklin Dr
  • Address - House Number: 253
  • Address - Street Name: Franklin
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Forest City
  • Carrier Code: C005
  • 4-Digit Zip Code: 3914
  • Zip Code: 28043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,428
  • Intital Tax Deliquent Year: 2013

    Appraisal Valuation

  • Standard Deviation: 0.2516
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 49
  • Final Value: 154,531
  • High Value: 193,413
  • Low Value: 115,648

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $202,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $186,700
  • Market Land Value: $18,000
  • Market Improvement Value: $168,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,700
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $168,700

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11846712905
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $202,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Forest City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 253 Franklin Drive located in?
The 253 Franklin Drive is a located in the neighborhood of Rutherford in Forest City, Forest City.
What is the average sales price for listings in 253 Franklin Drive?
The average sales price for units in 253 Franklin Drive is $0 currently.

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